SHIPPING
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Source: CAPA China records cargo volume growth in the first half of 2023
August 2, 2023 - China saw an increase in freight traffic in the first half of the year, which includes growth in air freight, road, and...
Peak season volumes, capacity cuts push Transpacific prices up
August 2, 2023 - Mixed news in the supply chain over the past week has been impacting industry performance and outlook, with volumes,...
Hapag-Lloyd completes SM SAAM terminal business acquisition
August 1, 2023 - Hapag-Lloyd announced that it successfully completed its 100 % acquisition of SM SAAM's terminal business...
HSBC Global Research: Container spot rates could sustain for a while
August 1, 2023 - Analysts at HSBC Global Research said container spot rates could sustain at their current levels for a while as the...
New rail cargo service connecting port of Rijeka-Budapest launched
August 1, 2023 - A new regular common user train service was recently launched by Metrans that links the Croatian port of Rijeka, via...
AD Ports Group, Shandong Ports extend cooperation for auto business
August 1, 2023 AD Ports Group (ADPORTS) has announced that it has signed multiple collaboration agreements with Shandong Port Group...
Schedule reliability upward trend discontinues
July 31, 2023 Global shipping schedule reliability, which has been on an upwards trend throughout 2023, has seen the first...
Source: Port of Los Angeles Xeneta: Global long-term shipping rates sank to a two-year low in July
July 31, 2023 Long-term ocean freight rates hit a two-year low in July, according to Xeneta, just as record new levels of ships enter...
MOL names new Group Executive Officer
July 31, 2023 Mitsui O.S.K. Lines, Ltd. (MOL) has announced a top management change. In a brief statement, Japan's MOL said...
Source: Port of Prince Rupert Authority Canada dockworkers union reach negotiated deal with employers averting strike
July 31, 2023 Canadian dock workers' union and their employers have reached a tentative labour deal once again after ear...
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